The rand and JSE were both slightly firmer on Friday afternoon in thin pre-holiday trade as the equities market closed early ahead of the Christmas long weekend.
The rand has enjoyed a strong week, spurred by news that President Cyril Ramaphosa emerged victorious to lead the ANC for a further five years and as the dollar traded sideways...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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MARKET WRAP: Rand holds on to gains while JSE gets a lift from precious metals stocksPlatinum miners buoyed by the stronger metals prices, while yen records its biggest one-day rise since 1998 and medium-term outlook for the rand remains bullish
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MARKET WRAP: Rand bulls still in charge after Ramaphosa’s winLocal currency has notched up gains every day since the president was re-elected to lead the ANC But it's still above 17 Rand's been doomed since Madiba's mug appeared on it
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